Denarius

by Denarius

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Diamond

by DMD Diamond Foundation

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GAS

by NEO

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Denarius

by Denarius

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Diamond

by DMD Diamond Foundation

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GAS

by NEO

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What problem does this service solve?

Denarius' goal is to create a faster and more secure digital currency.Diamond aims to create a digital currency with less price volatility through scarcity.GAS is used to pay for transactions on the NEO network.

Token Stats

Company Description

Denarius is a hybrid cryptocurrency with a consensus mechanism that combines elements of Proof of Work and Proof of Stake. Denarius' cryptographic hashing algorithm, Tribus, is ASIC resistant, and consists of three of the most secure and popular cryptographic algorithms. Denarius is named after a Roman coin that was widely used during the peak of the Roman Empire.

Diamond (DMD) is a Proof-of-Stake coin focused on scarcity. Their marketing materials emphasize the limited circulation of the coin, and the benefits of the network's incentivized cloud mining system, which rewards users for contributing their computing resources.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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